Video Endoscopy Devices Market Analysis, Size, Trends & COVID19 Impact Analysis | Canada | 2020-2026 | MedSuite | Includes: Surgical Camera Systems Market, Surgical Light Source Market, and 3 more
- Year: 2020
- Scope: 2016-2026
- Region: Canada
- Pages: 212
- Published Date: 06/25/2020
- Type: MedSuite
In 2020, the total Canadian video endoscopy market size was valued at $59.3 million, while the HD and 4K camera system markets were valued at $14 million and $7 million respectively. The total market value is expected to increase at a compound annual growth rate (CAGR) of 2.3% to reach $69.4 million in 2026.
Throughout this medical market research, we analyzed 16 video endoscopy companies across Canada and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts.
While this MedSuite report contains all the Canadian Video Endoscopy market data and analysis, each of the market segments is also available as stand-alone MedCore reports. This allows you to get access to only the market research that you need.
DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2026, and Historical Data to 2016
- Market Drivers & Limiters for Each Video Endoscopy market
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- COVID19 Impact on the Video Endoscopy market
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- Related Press Releases from Top Competitors
Market Value and Industry Trends
Growth in the market has been primarily driven by the conversion of the HD installed base to 4K technology. 4K surgical cameras offer a superior image compared to their HD counterparts. 4K resolution features four times the number of pixels compared to HD, which is very beneficial for enhanced zooming capabilities and for situations where the surgeon can’t directly see the tissue being operated on, like during minimally invasive surgery.
The Canadian healthcare system is limited by government spending on healthcare. Since the majority of the system operates in the public space, provincial healthcare budgets dictate the market. This results in a hesitance to invest in new, more expensive technologies and generally reduces unit sales of capital equipment. Additionally, as a result of the limited budgets, hospitals and other healthcare providers use devices beyond their lifecycles, replacing them only when broken.
Stryker led the Canadian market for video endoscopy by 2020. The company offered products in and was the leader of the surgical camera system, digital image capture device and surgical light source segments. Stryker was the first company to offer HD video technology, releasing the first HD surgical camera system well ahead of its competitors, in 2004.
NDS Surgical Imaging (NDSsi) is the second leading competitor in the US market and held the leading position in the Canadian surgical display market. The company was first to introduce flatscreen panels in the OR and has since retained its position as the leading competitor, despite losing some share to manufacturers that have recently entered the market. The company offers the Radiance® and EndoVue™ lines of HD and 4K surgical displays, with sizes ranging from 15” up to 55”.
By 2020, Barco held the third-leading position in the Canadian video endoscopy market, due to its second-leading position in the surgical display segment, the only segment in which the company is active. Unlike some of the other competitors in the surgical display market, Barco is focused on larger, more advanced HD and 4K surgical displays.
- Surgical Camera System Market – MedCore – The market is further broken down by Device Type into HD and 4K Camera Systems, and by Component into Camera Head and Control Unit (CCU).
- Image Management Device Market – MedCore – The in-depth analysis of the Image Management Device Market.
- Display and Monitors Market – MedCore – The market is further broken down by Display Type into HD and 4K Surgical Displays, and by Display Size into HD and 4K.
- Medical Photo Printer Market – MedCore – The in-depth analysis of the Medical Photo Printer Market.
- Surgical Light Source Market – MedCore – Detailed analysis of the Surgical Light Source Market.
DETAILED MARKET SEGMENTATION
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TABLE OF CONTENTS FOR THE CANADIAN VIDEO ENDOSCOPY MARKET REPORT SUITETABLE OF CONTENTS ILIST OF FIGURES VIILIST OF CHARTS XIIEXECUTIVE SUMMARY 1CANADIAN VIDEO ENDOSCOPY MARKET OVERVIEW 1COMPETITIVE ANALYSIS 3MARKET TRENDS 6MARKET DEVELOPMENTS 7MARKETS INCLUDED 8VERSION HISTORY 9RESEARCH METHODOLOGY 10Step 1: Project Initiation & Team Selection 10Step 2: Prepare Data Systems and Perform Secondary Research 13Step 3: Preparation for Interviews & Questionnaire Design 15Step 4: Performing Primary Research 16Step 5: Research Analysis: Establishing Baseline Estimates 18Step 6: Market Forecast and Analysis 19Step 7: Identify Strategic Opportunities 21Step 8: Final Review and Market Release 22Step 9: Customer Feedback and Market Monitoring 23
PRODUCT ASSESSMENT2.1 INTRODUCTION 242.2 PRODUCT PORTFOLIOS 252.2.1 Surgical Camera Systems 252.2.2 Image Management Devices 282.2.3 Surgical Light Sources 302.2.5 Medical Photo Printers 322.2.6 Displays and Monitors 342.3 REGULATORY ISSUES AND RECALLS 362.3.1 Alcon 3126.96.36.199 Surgical Microscopes 362.3.2 Brainlab 3188.8.131.52 Hybrid OR Imaging Systems 362.3.3 Canon 3184.108.40.206 Hybrid Operating Room Imaging Systems 3220.127.116.11 Surgical Tables 318.104.22.168 Hybrid Operating Room Imaging Systems 382.3.4 Carl Zeiss 322.214.171.124 Hybrid Operating Room Imaging Systems 382.3.5 Getinge 3126.96.36.199 Surgical Lights 392.3.6 GE Healthcare 402.3.6.1 Image Management Devices 402.3.6.2 Hybrid Operating Room Imaging Systems 402.3.7 Haag-Streit 4188.8.131.52 Surgical Microscopes 422.3.8 Hitachi 4184.108.40.206 Hybrid OR Imaging Systems 422.3.9 Leica Microsystems 4220.127.116.11 Surgical Microscopes 442.3.10 Pentax 418.104.22.168 Image Management Devices 452.3.11 Philips 422.214.171.124 Hybrid Operating Room Imaging Systems 462.3.13 Siemens Healthineers 5126.96.36.199 Hybrid Operating Room Imaging Systems 532.3.14 Stryker 5188.8.131.52 Surgical Lighting 562.3.15 Synaptive 5184.108.40.206 Displays and Monitors 572.3.16 United Imaging 5220.127.116.11 Hybrid Operating Room Imaging Systems 58
CANADIAN VIDEO ENDOSCOPY MARKET OVERVIEW3.1 INTRODUCTION 593.2 CURRENCY EXCHANGE RATE 603.3 MARKET OVERVIEW 613.4 TREND ANALYSIS BY SEGMENT 673.5 DRIVERS AND LIMITERS 703.5.1 Market Drivers 703.5.2 Market Limiters 703.7 COMPETITIVE MARKET SHARE ANALYSIS 723.8 MERGERS AND ACQUISITIONS 783.9 COMPANY PROFILES 793.9.1 Arthrex 793.9.2 Barco 803.9.3 EIZO 813.9.4 GE Healthcare 823.9.5 Getinge 833.9.6 Karl Storz 843.9.7 NDS Surgical Imaging 853.9.8 Olympus 863.9.9 Philips Healthcare 873.9.10 Siemens Healthineers 883.9.11 Skytron 893.9.12 Sony 903.9.13 STERIS 913.9.14 Stryker 923.9.15 Toshiba (Canon Medical Systems USA) 933.10 SWOT ANALYSIS 943.10.1 Arthrex 953.10.2 Barco 963.10.3 EIZO 973.10.4 GE Healthcare 983.10.5 Getinge 993.10.6 Karl Storz 1003.10.7 NDS Surgical Imaging 1013.10.8 Olympus 1023.10.9 Philips Healthcare 1033.10.10 Siemens Healthineers 1043.10.11 Skytron 1053.10.12 Sony 1063.10.13 STERIS 1073.10.14 Stryker 1083.10.15 Toshiba (Canon Medical Systems USA) 109
SURGICAL CAMERA SYSTEM MARKET4.1 INTRODUCTION 1104.2 MARKET OVERVIEW 1124.3 MARKET ANALYSIS AND FORECAST 1174.3.1 Total Surgical Camera System Market 1174.3.2 HD Camera System Market 118.104.22.168 HD Surgical Camera Head Market 1244.3.2.2 HD Camera Control Unit Market 1264.3.3 4K Camera System Market 1222.214.171.124 4K Surgical Camera Head Market 13126.96.36.199 4K Camera Control Unit Market 1364.4 DRIVERS AND LIMITERS 1384.4.1 Market Drivers 1384.4.2 Market Limiters 1384.5 COMPETITIVE MARKET SHARE ANALYSIS 140
IMAGE MANAGEMENT DEVICE MARKET5.1 INTRODUCTION 1455.2 MARKET ANALYSIS AND FORECAST 1475.3 DRIVERS AND LIMITERS 1505.3.1 Market Drivers 1505.3.2 Market Limiters 1515.4 COMPETITIVE MARKET SHARE ANALYSIS 153
SURGICAL LIGHT SOURCE MARKET6.1 INTRODUCTION 1566.2 MARKET ANALYSIS AND FORECAST 1586.3 DRIVERS AND LIMITERS 1616.3.1 Market Drivers 1616.3.2 Market Limiters 1626.4 COMPETITIVE MARKET SHARE ANALYSIS 164
MEDICAL PHOTO PRINTER MARKET7.1 INTRODUCTION 1687.2 MARKET ANALYSIS AND FORECAST 1707.3 DRIVERS AND LIMITERS 1737.3.1 Market Drivers 1737.3.2 Market Limiters 1737.4 COMPETITIVE MARKET SHARE ANALYSIS 175
SURGICAL DISPLAY MARKET8.1 INTRODUCTION 1788.2 MARKET OVERVIEW 1808.3 MARKET ANALYSIS AND FORECAST 1858.3.1 Total Surgical Display Market 1858.3.2 HD Surgical Display Market 18188.8.131.52 HD Surgical Display ≤26” Market 19184.108.40.206 HD Surgical Display ≥31” Market 1958.3.3 4K Surgical Display Market 19220.127.116.11 4K Surgical Display ≤32” Market 2028.3.3.2 4K Surgical Display ≥55” Market 2048.4 DRIVERS AND LIMITERS 2068.4.1 Market Drivers 2068.4.2 Market Limiters 2078.5 COMPETITIVE MARKET SHARE ANALYSIS 208
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